The $SPY chart remains bullish but has settled into a large consolidating price range. The upper descending trend line is creating resistance as lower highs are made with each rally. The lower ascending support line is the 200 day SMA as price finds support at this line. The middle line at the 50 day EMA […]
The Big $SPY Chart Price Range: 4/29/18 Read More »
This is a Guest Post by AK of Fallible AK has been an analyst at long/short equity investment firms, global macro funds, and corporate economics departments. He co-founded Macro Ops and is the host of Fallible. Let’s talk about this Kanye West blow up, and how, as investors and traders, we can use his example to remind us
Kanye West Thinks Like A Hedge Fund Manager? Read More »
This is a Guest Post by AK of Fallible AK has been an analyst at long/short equity investment firms, global macro funds, and corporate economics departments. He co-founded Macro Ops and is the host of Fallible. Today we’re going to talk about 3 trading and investing lessons we can all learn from the fictional hedge fund king himself,
3 Trading Lessons from Bobby Axelrod of Billions Read More »
This is a guest post by Jay you can find him on twitter @SmartStockTrend or his website www.intelligenttrendfollower.com. Getting started with trend following was one of the best things that happened to me as a trader. It helped me worry less, feel more confident and (most importantly), start getting consistent trading results! But I’ve got to
The New Trader’s Guide To Trend Following Read More »
Here are ten things your trading system must do: A trading system must beat buy and hold in your market by returns and/or in less drawdowns to be a viable method. There is no point in actively trading a system that can be beat by simply buying and holding a market. Create a diversified watch
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Here are ten trading truths you have to come to terms with and overcome to trade profitably long term. The markets change, all signals do not work in all markets. What worked in a trending market may not work in a range bound market. Bear markets and corrections will try to take back a lot
This is a Guest Post by AK of Fallible AK has been an analyst at long/short equity investment firms, global macro funds, and corporate economics departments. He co-founded Macro Ops and is the host of Fallible. Today we’re going to talk about the yield curve. Recently the financial media has been raving about the yield curve getting closer
The Flattening Yield Curve Explained Read More »
The current chart pattern has price in the handle of a very short term cup with handle. Price is currently under the 10 day EMA and the 50 day SMA. The past three price peaks have been on lower highs, but the chart did not make lower lows. The down days on Thursday and Friday
Bull Clues on the $SPY Chart: 4/22/18 Read More »
This is a guest post by Troy who is a private trader who blogs at Bull Markets Why the stock market is going higher in the medium term: Here’s what I think based on 3 time frames: Long term: This bull market has 1-2 years (closer to 1 year than 2 years) Medium term: The stock
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This is a Guest Post by AK of Fallible AK has been an analyst at long/short equity investment firms, global macro funds, and corporate economics departments. He co-founded Macro Ops and is the host of Fallible. Today we’re going to talk about 3 reasons why your trading account isn’t growing like you want it to. More than half
3 Reasons Why Your Trading Account Isn’t Growing Read More »
This is a guest post by: Andrew Bezen. Why have ETFs become popular over the past few years? Exchange Traded Funds, popularly known as ETFs are quite a range of investments nowadays. ETFs can be regarded as a basket of stocks that track indices, stocks, commodities, bonds, industries, and even currencies. They provide a low-cost,
Why Are Exchange Traded Funds So Popular? Read More »
In my thousands of hours of study of top traders and what has enabled me to make money in the market I have noticed 10 common habits of billionaires, millionaires. and skills I had to develop in my own years of profitable trading: They think for themselves. They have their own system, methodology, and plan already
10 Habits of Top Traders Read More »
The biggest key to profitable trading that few people think about is the management of volatility. Setting a stop loss at a level that keeps you in a winning trade but stops you out of a losing trade when proven wrong is the management of volatility. Using a moving average crossover system is a way
What Are Traders Really Managing? Read More »
This is a Guest Post by AK of Fallible AK has been an analyst at long/short equity investment firms, global macro funds, and corporate economics departments. He co-founded Macro Ops and is the host of Fallible. Today we’re going to talk about volatility and how you can use it to make more money in the stock market. Volatility
What is Volatility in Stocks? – A Powerful Trading Strategy Read More »
Short term resistant is at a confluence of the $268 price level, of the 50 day SMA, and the 50 RSI. A close over this level gives a momentum long signal. The RSI is at 49.24, a close over the 50 RSI is a sign of new momentum. For the past four trading days the
Bullish Signals on the $SPY Chart: 4/15/18 Read More »
Here are the seven sins that traders commit that put them in the unprofitable purgatory of the markets. Sloth: The belief that trading is easy money new traders to be lazy and not put in the work at first to develop their own trading system and plan before trading. Work is required to learn
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“They think that intelligence is about noticing things are relevant (detecting patterns); in a complex world, intelligence consists in ignoring things that are irrelevant (avoiding false patterns).” ― Nassim Nicholas Taleb Many new traders obsess too long over details that do not matter not realizing that at its core trading is simple. Money is made
Simple Trading Can Be Profitable Trading Read More »
There are two kinds of traders: 1. Those who are humble. 2. Those who are going to be humbled. In the markets competence must come before confidence or the market will give you an expensive education. No one can predict the future prices of markets the stronger the belief that you can then the harder
Why Arrogance is Expensive in the Markets Read More »
“I’ve found that the big money was never made in the buying or the selling, was made in the waiting.”– Jesse Livermore You have to wait until you have a profitable backtested system and signals before you start to trade. You have to trade price action with a historical edge or your trades are just
5 Things a Trader Has To Wait For Read More »
All your trades should end in one of four ways: A small win. A big win. A small loss. Break even. Never a big loss. A small win puts money in your trading account, a small win is a success as long as your did not forfeit a big win by exiting too quickly during
The Way Your Trades Should End Read More »